Macro Analysis /

Ghanaian bonds sell-off post budget as fiscal fears persist, SA to hike rates

  • Forex: Ugandan Shilling moderately overvalued according to the IMF

  • Fixed Income: Ghanaian bonds take a beating as the budget fails to pour cold water on heated fiscal concerns

  • Macroeconomic: SARB MPC rate decision – a close one to call, but we expect a 25bps rate hike

Kieran Siney
Kieran Siney

Head of African Markets

Takudzwa Ndawona
Takudzwa Ndawona

Financial Markets Analyst

ETM Analytics
18 November 2021
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